Sbet news today
7/22/2025 10:46am
Here is some news about Starbucks:
1. **Expected Weak Q3 Results**: Starbucks is anticipated to report weak Q3 results due to slow demand and higher investments. The company is investing in labor, marketing, menu changes, and store operations to drive recovery, with signs of improvement expected in Q4 and into fiscal 2026.
2. **Better-Than-Expected Same-Store Sales**: Despite the challenges, Starbucks is expected to report better-than-expected fiscal Q3 same-store sales, according to RBC Capital Markets. The company's confidence in labor investments and plans to expand changes to all North American stores by the end of fiscal 2025 are seen as favorable.
3. **Pumpkin Spice Latte Launch**: The return of the Pumpkin Spice Latte lineup has sparked some excitement, with visits to Starbucks increasing by 24% on a "typical day" following its launch last year. This seasonal specialty could potentially boost sales in the coming months.
Overall, Starbucks is facing a challenging period with weak Q3 results expected, but there are signs of hope with investments being made to drive recovery, and the launch of the Pumpkin Spice Latte could bring some excitement and sales boost.